From CBS to TikTok, US media are falling to Trump’s allies. This is how democracy crumbles | Owen Jones

The US Federal Reserve has cut interest rates for the second time this year, lowering them to a range of 3.75% to 4%. This decision comes amid significant economic uncertainty caused by the federal government shutdown and tariffs imposed by Donald Trump. The rate cut aims to provide some relief and stimulate economic activity during these turbulent times, highlighting the Fed's response to ongoing pressures in the economy.

CBS News staffers are facing significant job losses as part of a sweeping layoff plan by parent company Paramount, which is cutting about 1,000 positions across its organization. This move comes after a merger with Skydance Media and is part of a broader $2 billion cost-cutting strategy. The layoffs have created a tense atmosphere among employees, many of whom have been anxiously awaiting the announcement. This situation highlights the ongoing challenges in the media industry as companies strive to streamline operations and reduce expenses.

Argentina's recent congressional elections saw right-wing president Javier Milei and his allies claim victory, but the outcome raises concerns about the country's growing dependence on the U.S. Following a $40 billion rescue, critics argue that Argentina's democracy and economy are increasingly at risk of becoming subservient to Washington's interests. This situation is significant as it highlights the potential shift in Argentina's political landscape and its implications for regional stability.

Japan's decision to continue importing Russian liquefied natural gas (LNG) despite U.S. pressure highlights a significant divergence in energy policy between the two nations. Prime Minister Sanae Takaichi emphasized that an embargo could harm Japan's economy, indicating the country's reliance on Russian energy supplies. This situation matters as it reflects Japan's strategic choices in energy security and its complex relationship with both Russia and the U.S., potentially impacting global energy markets.

The mayor of South Korea's steelmaking hub has voiced strong opposition to President Trump's steel tariffs during his visit to the White House. This protest highlights the growing tensions between the U.S. and South Korea over trade policies that could significantly impact the steel industry and the economy in both countries. As Trump continues his trip through Asia, the mayor's actions underscore the urgent need for dialogue and resolution to avoid further economic strain.

In a recent article, Emma Brockes explores the complexities of Donald Trump's reactions, particularly in response to an ad quoting Ronald Reagan's criticism of tariffs. The piece highlights how Trump's presidency is marked by volatility, making it challenging to discern what truly angers him. This matters because it sheds light on the unpredictable nature of his leadership and how external criticisms can provoke strong responses, reflecting broader tensions in U.S.-Canada relations.

The recent discussions between the U.S. and South Korea regarding their trade deal have shown promising progress. During President Donald Trump's visit to Asia, he met with South Korean President Lee Jae Myung, where they discussed a framework that could lead to significant investments and cooperation in shipbuilding, along with reduced tariffs on South Korea's auto industry. Although no formal agreement has been signed yet, Trump described the day as a 'tremendous success,' indicating that both nations are close to finalizing the deal. This development is crucial as it could strengthen economic ties and enhance trade relations between the two countries.

Toyota has refuted claims made by President Donald Trump that the company plans to invest over $10 billion in the U.S. and establish factories across the country. This denial comes after Trump's announcement during his visit to Japan, which raised expectations for job creation and economic growth in the U.S. However, Toyota's clarification highlights the uncertainty surrounding corporate investments and the potential impact on the American economy.

The article discusses the perceived decline of Western Europe and raises concerns about the region's capability to manage nuclear weapons responsibly. It argues that as these countries face various challenges, their reliability in handling such dangerous arms is questionable. This matters because it highlights the potential risks associated with nuclear proliferation in unstable regions, which could have global implications for security and diplomacy.

The Carabao Cup matches featuring Arsenal against Brighton and Swansea facing Manchester City are underway, with live updates available. The early moments of the Arsenal vs. Brighton match have seen the visitors come close to scoring, highlighting the competitive nature of the tournament. This event matters as it showcases the excitement of knockout football, where every match can lead to unexpected outcomes and upsets, keeping fans engaged and hopeful for their teams.

Hurricane Melissa has tragically claimed the lives of four people in Jamaica, adding to the devastation already felt in Haiti, where dozens have died. As the storm continues to wreak havoc, a hurricane warning is now in effect for areas including Bermuda. This situation is critical as the storm surge poses a significant threat to the Bahamas, highlighting the urgent need for preparedness and response efforts in the region.

Liverpool is set to face Crystal Palace in the Carabao Cup, with the match kicking off at 7.45pm GMT. This game is significant as it showcases two competitive teams vying for a spot in the next round of the tournament, and fans are eager to see how Liverpool performs after recent challenges. The match updates will be available live, keeping supporters engaged and informed.

In a recent dinner on the sidelines of the APEC summit, US President Donald Trump praised Australian Prime Minister Anthony Albanese, highlighting their productive meeting in Washington. Additionally, Australia's Energy Minister Chris Bowen announced a significant drop in wholesale electricity prices, which is expected to benefit consumers. This positive interaction between the two leaders and the promising news on energy prices are crucial as they reflect strong international relations and potential economic relief for Australians.

In the latest Netherlands election, exit polls indicate that the centrist D66 party is likely to secure the most seats, while Geert Wilders' far-right PVV may come in second. However, the election results are still considered 'too close to call.' This election is significant as it reflects the shifting political landscape in the Netherlands, with voters having unique options for casting their ballots at various unusual locations, including a children's zoo and a marine museum.